Meticulous Research analyzed the vendor neutral archive (VNA) & picture archiving and communication system (PACS) market is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2018 to reach $3.87 billion by 2023.
The report says the growth is driven by increasing investments in the medical imaging market, technological advancements in diagnostic imaging modalities, rapid growth in geriatric imaging volumes, growing adoption of health IT and EHR, and rapid growth in big data in healthcare.
In addition, the research cites rising integration of PACS/VNA with EHRs, the penetration of artificial intelligence (AI) in the field of medical imaging, together with growing acceptance of cloud-based and hybrid deployments offer significant growth opportunities for the market players during the forecast period.
The global VNA market and PACS market study analyzed historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2023-by procurement model (departmental PACS, enterprise PACS), delivery mode (on-premise VNA, hybrid VNA, fully cloud-based VNA).
A free sample of the report is available at the Meticulous website.
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